MainStay Growth Allocation Fund Class B (MGXBX)

15.67
Net Asset Value
+0.45%
1 Day
+4.26%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
2.47%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in other MainStay funds (the "underlying funds"). It seeks to achieve its investment objective by normally investing substantially all of its assets in underlying equity funds (normally within a range of 90% to 100%). The underlying equity funds may consist of approximately 25% (within a range of 15% to 35%) of international equity funds.

Performance

1 month+1.69% 3 years+16.71%
3 months+1.56% 5 years+11.57%
1 year+13.41% Since inception+6.37%
Data through --

Peer Comparisonvs. Large blend

 MGXBXCategory
Performance 5-yr return+11.57%+17.47%
Expense ratio2.47%1.16%
Risk 5 year sharpe ratio0.921.12
Net assets$325.2M$3.5B
Average market cap$23.4B$97.8B
Average P/E17.117.9
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJonathan Swaney / 9 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock68.63%
International stock28.40%
Cash2.55%
Fixed income0.55%
Other0.20%
Top 5 Sectors
Portfolio weighting
Financial service 17.51%
Industrial materials 13.72%
Energy 11.71%
Healthcare 11.08%
Consumer goods 10.52%
Top 10 Holdings
Portfolio weighting
MLAIX MainStay Large Cap Growth I13.54%
MUBFX MainStay MAP I13.28%
MYCIX Mainstay US Equity Opportunities I12.28%
MOPIX MainStay US Small Cap I11.72%
ICEUX MainStay ICAP International I8.58%
MATIX MainStay Epoch US All Cap I8.27%
ICAEX MainStay ICAP Equity I7.96%
MYIIX Mainstay International Opportunities I6.44%
MEOIX MainStay Emerging Markets Opps I5.62%
MSPIX MainStay S&P 500 Index I3.67%

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